The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

  Abu Dhabi / WAM First Abu Dhabi Bank (FAB) has announced the launch of a multiple-thematic fund, the “FAB Thematic Rotation Fund” under the OneShare PLC umbrella fund, which is regulated by the central bank of Ireland. Through this fund, investors will have access to global investment opportunities across themes and trends arising from long-term structural changes, called Megatrends, ...

  Abu Dhabi / WAM The assets of national companies listed in local financial markets rose by 10 percent in the first half of 2022, equivalent to AED425.7 billion, an indicator of their robust financial performance and ability to expand their operational activities, develop new products and conduct acquisitions. According to the disclosures of 118 listed companies that announced their ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Volodymyr Zelenskyy of Ukraine on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, also sent similar messages to the Ukrainian ...

  Abu Dhabi / WAM Aldar Properties has announced the launch of Yas Park Gate, its latest gated community which will be located on the doorstep of Yas Park, a first of its kind family and recreational activity park in Abu Dhabi. As a natural progression in the development of the second phase of North Yas, the AED1.15 billion residential ...

  Abu Dhabi / WAM Adnoc Drilling Company (Adnoc Drilling) on Wednesday announced it has signed a sale and purchase agreement (SPA) to acquire an additional premium offshore jack-up drilling unit (rig) for $70 million. The cost of the acquisition is part of the company’s three-year guidance on capital expenditure and strategic plans to expand its existing business. The sale ...

  Abu Dhabi / WAM Abu Dhabi Airports, the operator of the five airports in the emirate of Abu Dhabi, on Wednesday released its passenger traffic report for the first half of 2022. The report revealed healthy figures for passenger traffic of 6,299,725 across Abu Dhabi International, Al Ain International, Al Bateen Executive, Delma and Sir Bani Yas Island airports ...

  Abu Dhabi / Gulf Time AD Ports group, the leading facilitator of global trade, logistics, and industry, has won 17 awards at The Stevie International Business Awards 2022, the global awards recognising excellence and accomplishments within the workplace. The 19th edition of the awards attracted more than 3,800 nominations from a wide range of organisations. AD Ports group received ...

  Abu Dhabi / WAM Abu Dhabi Airports, the operator of the five airports in the Emirate of Abu Dhabi, on Wednesday released its passenger traffic report for the first half of 2022. The report revealed healthy figures for passenger traffic of 6,299,725 across Abu Dhabi International, Al Ain International, Al Bateen Executive, Delma and Sir Bani Yas Island airports ...

  Sharjah / WAM His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has presented to Holy Quran Academy (HQA)  new batch of precious books concerned with the Quran sciences and the Prophet’s Sunnah. The manuscripts are considered among the valuable scientific and historical treasures, as they are added to the academy, along ...

  Abu Dhabi / WAM The Abu Dhabi Judicial Department (ADJD) has registered more than 2,200 civil marriage applications before the Abu Dhabi Civil Family Court for foreigners in less than eight months, at a rate of 25 applications per day, or four new marriages per hour, since the Abu Dhabi Emirate Civil Marriage Law came into force in January ...